Ryanair Summer 2023 as of 13th October 2022

[Clive]

Jeezo, that's grim reading. Even if AGS put the airport up for sale, which is probably unlikely short term, who would seriously consider buying it now? Serious question by the way. Does anyone think we'd have any serious bidders to take over the helm?

Great time for a serious investor to buy GLA at a bargain price then grow the asset. Not really interested in the other airports in the group.

[Clive]

Courting? They need to go straight to whoring themselves!

Absolutely. Zero charges for the first 3 years if need be. Actually make that 30 years.

I beg to suggest that local management are mere pawns in this private equity chess game - the agenda will all be driven by Ferrovial & Macquarie

AGS Airports Holdings Limited lost £112m in 2021 on a turnover of £87m (2020 was a loss £133m on £72m revenue, 2019 was a profit of only £8m on £212m revenue) . . . Retained Losses to 31 Dec 2021 have reached £151m

In 2019 the annual EBITDA (Earnings before Interest, Tax, Depreciation & Amortisation) was £92m - in the first six months of 2022 it was just £19m so less than 50% of the 2019 run rate but Q3 should boost earnings . . . however the reported numbers still point to another annual loss (we will find out the nine months picture in a couple of weeks)

Presumably the airport manager has the autonomy to make commercial deals with the airlines. In the face of the company losses you have highlighted, creating growth is the only way out other than bailing out.

[bill]

FR's GLA schedule over the recent years seriously bores me though. Better than nowt I suppose?

I’d say so. While FR are a customer on the books anything could happen.

100% agree mate but the schedule and the routes just seem to me to be ramshackle and random,with the exception of DUB and AGP. It's almost like they (FR) are keeping a prescence at GLA but at a bare minimum for some reason. Maybe if the airport eventually does free itself from AGS management then the sky's the limit for FR? We can but hope.

[awwdabaaby]

Monday

07:15 08:15 05:45 06:50 Dublin FR5150/5151 738 27/03-23/10
09:20 13:35 06:35 08:55 Malaga FR2609/2608 738 27/03-23/10
09:35 10:35 08:05 09:10 Dublin FR5564/5563 738 27/03-23/10
15:05 17:50 13:55 14:40 Charleroi FR2559/2558 738 27/03-23/10
20:00 21:00 18:30 19:35 Dublin FR5771/5772 738 27/03-23/10

Tuesday

07:20 08:20 05:50 06:55 Dublin FR5150/5151 738 28/03-24/10
15:15 16:15 13:45 14:50 Dublin FR5564/5563 738 28/03-24/10
22:25 23:25 20:55 22:00 Dublin FR5771/5772 738 28/03-24/10

Wednesday

07:40 08:40 06:10 07:15 Dublin FR5150/5151 738 29/03-25/10
09:35 13:50 06:50 09:10 Malaga FR2609/2608 738 29/03-25/10
14:00 17:40 11:45 13:35 Krakow FR4204/4203 738 29/03-25/10 operated by Buzz
16:05 19:35 14:00 15:40 Wroclaw FR7672/7673 738 29/03-25/10 operated by Buzz
16:40 20:45 14:10 16:15 Alicante FR2522/2521 738 29/03-25/10
17:30 18:30 16:00 17:05 Dublin FR5564/5563 738 29/03-25/10
22:05 23:05 20:35 21:40 Dublin FR5771/5772 738 29/03-25/10

Thursday

07:15 08:15 05:45 06:50 Dublin FR5150/5151 738 30/03-26/10
08:45 13:00 06:00 08:20 Malaga FR2609/2608 738 30/03-26/10
09:25 13:00 07:10 09:00 Modlin FR4741/4742 738 30/03-26/10 operated by Buzz
16:40 17:40 15:10 16:15 Dublin FR5564/5563 738 30/03-26/10
20:05 21:05 18:35 19:40 Dublin FR5771/5772 738 30/03-26/10

Friday

07:25 08:25 05:55 07:00 Dublin FR5150/5151 738 31/03-
08:25 11:10 07:15 08:00 Charleroi FR2559/2558 738 31/03-27/10
18:05 19:05 16:35 17:40 Dublin FR5564/5563 738 31/03-27/10
23:15 00:15* 21:45 22:50 Dublin FR5771/5772 738 31/03-27/10

Saturday

07:40 08:40 06:10 07:15 Dublin FR5150/5151 738 01/04-28/10
09:50 13:25 07:35 09:25 Modlin FR4741/4742 738 01/04-28/10 operated by Buzz
11:30 12:30 10:00 11:05 Dublin FR5564/5563 738 01/04-28/10
20:50 21:50 19:20 20:25 Dublin FR5771/5772 738 01/04-28/10

Sunday

07:55 08:55 06:25 07:30 Dublin FR5150/5151 738 26/03-22/10
10:20 14:25 07:50 09:55 Alicante FR2522/2521 738 26/03-22/10
12:15 15:45 10:10 11:50 Wroclaw FR7672/7673 738 26/03-22/10 operated by Buzz
18:55 23:10 16:10 18:30 Malaga FR2609/2608 738 26/03-22/10
19:20 20:20 17:50 18:55 Dublin FR5564/5563 738 26/03-22/10
20:15 23:55 18:00 19:50 Krakow FR4204/4203 738 26/03-22/10 operated by Buzz
22:05 23:05 20:35 21:40 Dublin FR5771/5772 738 26/03-22/10

Great work as always John. FR's GLA schedule over the recent years seriously bores me though. Better than nowt I suppose?

Cheers Bill, especially as I've been struck down with a virus

[bill]

Have FR resumed EDI-STN yet and does anyone know if they're thinking about GLA-STN? EZY need a bit of competion on this route imho.

[awwdabaaby]

Have FR resumed EDI-STN yet and does anyone know if they're thinking about GLA-STN? EZY need a bit of competion on this route imho.

Started start of summer season Bill

[atuk]

EDI-STN operated last winter and increased frequency for this summer season. Added to this are BHD and BOH all usually flown by RK aircraft not FR.

[bill]

Thank you gents. Anything on the GLA-STN service at all?